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57. A company has sales of * 1 lakh. The variable costs are 40% of the sales while the fixed operating costs amount to 30,000.

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57. A company has sales of * 1 lakh. The variable costs are 40% of the sales while the fixed operating costs amount to 30,000. The amount of interest on long-term debts is 10,000. You are required to calculate the combined leverage. 66. Financial leverage = 1.5465 EBIT = 1,38,000 Interest = * 18,000 Tax rate = 35%. Capital structure of the company consists of equity sharesandpreference shares. Amount of Preference Dividend =

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